This paper investigates the capacity decisions of complementary suppliers who produce different components of a product. The suppliers solicit private forecast information from a retailer who has more precise information as compared to the suppliers regarding the market. In this context, the...

This study documents that high book-to-market (value) and low book-to-market (glamour) stock prices react asymmetrically to both common and firm-specific information. Specifically, we find that value stock prices exhibit a considerably slow adjustment to both common and firm-specific information...

Product evaluation is an essential business process and digital innovation has made it possible for companies to immediately process the available information. We develop a model where a company continuously assesses information which follows a doubly stochastic Poisson process with a...